Stay Tuned For BTC's Epic Story To Unravel Within 24 Hours
Never have I been this excited about the outcome of this move. The bulls make money and the bears make money. Either way, there is potential for some massive profits at the end of this ascending triangle.
We still see the ascending triangle holding true, though please remember that ascending triangles are indeed bullish patterns, but they never 100% guarantee a break up. Therefore caution must be exercised during these critical times.
We see a bull scenario of breaking up with many hurdles along the way, up to Resistance 3 @ $14,350+
And short term bear scenario, we can fall to lower support levels.
The volume is extremely low today comparing 8 billion vs 9.6 billion yesterday, which is of grave concern.
We see the daily MACD potentially crossover with only -$73 away from a histogram positive tick.
Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders
Please consider these videos:
Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex
Lesson 2 - How to Analyze Candlesticks Charts with Strategy
Lesson 3 - Moving Averages
Lesson 4 - Relative Strength Index RSI with Advanced Strategy
Lesson 5 - MACD and Histogram
Lesson 6 - Margin Trading Long, Short, Leveraging
Lesson 7 - Basic Risk Management
Lesson 8 - Fibonacci Retracement Part 1
Lesson 9 - Fibonacci Extension Part 2
Lesson 10 - Laddering
Lesson 11 - How To Interpret Time Frames
Lesson 12 - Swing Trading Advanced 55 EMA Strategy
Lesson 13 - Introduction To Elliot Wave Theory
Lesson 14 - Using a Basic Excel Tracker for Risk Management
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The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.
DISCLAIMER:
Legal stuff here. I'm not financial advisor. This is just my opinion that I'm sharing with the community. All information is for yours to process how you wish.